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ATA

ATS Automation Tooling SystemsTSX:ATA Stock Report

Market Cap

CA$3.9b

7D

0.7%

1Y

143.9%

Updated

15 Oct, 2021

Data

Company Financials +
ATA fundamental analysis
Snowflake Score
Valuation2/6
Future Growth4/6
Past Performance5/6
Financial Health4/6
Dividends0/6

ATA Overview

ATS Automation Tooling Systems Inc., together with its subsidiaries, provides automation solutions worldwide.

Price History & Performance

Summary of all time highs, changes and price drops for ATS Automation Tooling Systems
Historical stock prices
Current Share PriceCA$42.30
52 Week HighCA$16.33
52 Week LowCA$47.21
Beta1.57
1 Month Change-6.46%
3 Month Change16.92%
1 Year Change143.95%
3 Year Change97.48%
5 Year Change259.08%
Change since IPO1,754.25%

Recent News & Updates

Sep 27
I Ran A Stock Scan For Earnings Growth And ATS Automation Tooling Systems (TSE:ATA) Passed With Ease

I Ran A Stock Scan For Earnings Growth And ATS Automation Tooling Systems (TSE:ATA) Passed With Ease

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...

Sep 15
Calculating The Fair Value Of ATS Automation Tooling Systems Inc. (TSE:ATA)

Calculating The Fair Value Of ATS Automation Tooling Systems Inc. (TSE:ATA)

Today we will run through one way of estimating the intrinsic value of ATS Automation Tooling Systems Inc. ( TSE:ATA...

Aug 18
What Does ATS Automation Tooling Systems Inc.'s (TSE:ATA) Share Price Indicate?

What Does ATS Automation Tooling Systems Inc.'s (TSE:ATA) Share Price Indicate?

ATS Automation Tooling Systems Inc. ( TSE:ATA ), is not the largest company out there, but it received a lot of...

Shareholder Returns

ATACA MachineryCA Market
7D0.7%1.5%2.4%
1Y143.9%50.8%31.3%

Return vs Industry: ATA exceeded the Canadian Machinery industry which returned 48.1% over the past year.

Return vs Market: ATA exceeded the Canadian Market which returned 30.3% over the past year.

Price Volatility

Is ATA's price volatile compared to industry and market?
ATA volatility
ATA Beta1.57
Industry Beta1.62
Market Beta1

Stable Share Price: ATA is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: ATA's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19785,000Andrew Hiderhttps://www.atsautomation.com

ATS Automation Tooling Systems Inc., together with its subsidiaries, provides automation solutions worldwide. The company is also involved in the planning, designing, building, commissioning, and servicing automated manufacturing and assembly systems, including automation products and test solutions. It offers enterprise solutions in the areas of project management; partners/suppliers/vendors team selection and coordination; facility layouts and operational design; business case development and project justification; post project service, spare parts, and support; and system design, built, integration, commissioning, validation, training and start up.

ATS Automation Tooling Systems Fundamentals Summary

How do ATS Automation Tooling Systems's earnings and revenue compare to its market cap?
ATA fundamental statistics
Market CapCA$3.90b
Earnings (TTM)CA$87.73m
Revenue (TTM)CA$1.62b

44.5x

P/E Ratio

2.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ATA income statement (TTM)
RevenueCA$1.62b
Cost of RevenueCA$1.17b
Gross ProfitCA$443.83m
ExpensesCA$356.10m
EarningsCA$87.73m

Last Reported Earnings

Jun 27, 2021

Next Earnings Date

Nov 03, 2021

Earnings per share (EPS)0.95
Gross Margin27.47%
Net Profit Margin5.43%
Debt/Equity Ratio57.2%

How did ATA perform over the long term?

See historical performance and comparison

Valuation

Is ATS Automation Tooling Systems undervalued compared to its fair value and its price relative to the market?

21.7%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: ATA (CA$42.3) is trading below our estimate of fair value (CA$54.02)

Significantly Below Fair Value: ATA is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: ATA is poor value based on its PE Ratio (44.5x) compared to the Canadian Machinery industry average (32.5x).

PE vs Market: ATA is poor value based on its PE Ratio (44.5x) compared to the Canadian market (13.6x).


Price to Earnings Growth Ratio

PEG Ratio: ATA is poor value based on its PEG Ratio (1.4x)


Price to Book Ratio

PB vs Industry: ATA is overvalued based on its PB Ratio (4.2x) compared to the CA Machinery industry average (2.9x).


Future Growth

How is ATS Automation Tooling Systems forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

32.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ATA's forecast earnings growth (32.2% per year) is above the savings rate (1.6%).

Earnings vs Market: ATA's earnings (32.2% per year) are forecast to grow faster than the Canadian market (12% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: ATA's revenue (10.4% per year) is forecast to grow faster than the Canadian market (6.8% per year).

High Growth Revenue: ATA's revenue (10.4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if ATA's Return on Equity is forecast to be high in 3 years time


Past Performance

How has ATS Automation Tooling Systems performed over the past 5 years?

12.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ATA has high quality earnings.

Growing Profit Margin: ATA's current net profit margins (5.4%) are higher than last year (3.3%).


Past Earnings Growth Analysis

Earnings Trend: ATA's earnings have grown by 12.8% per year over the past 5 years.

Accelerating Growth: ATA's earnings growth over the past year (89.7%) exceeds its 5-year average (12.8% per year).

Earnings vs Industry: ATA earnings growth over the past year (89.7%) exceeded the Machinery industry 17.3%.


Return on Equity

High ROE: ATA's Return on Equity (9.3%) is considered low.


Financial Health

How is ATS Automation Tooling Systems's financial position?


Financial Position Analysis

Short Term Liabilities: ATA's short term assets (CA$1.2B) exceed its short term liabilities (CA$881.1M).

Long Term Liabilities: ATA's short term assets (CA$1.2B) exceed its long term liabilities (CA$736.0M).


Debt to Equity History and Analysis

Debt Level: ATA's debt to equity ratio (57.2%) is considered high.

Reducing Debt: ATA's debt to equity ratio has increased from 49.1% to 57.2% over the past 5 years.

Debt Coverage: ATA's debt is well covered by operating cash flow (34.4%).

Interest Coverage: ATA's interest payments on its debt are well covered by EBIT (4x coverage).


Balance Sheet


Dividend

What is ATS Automation Tooling Systems's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate ATA's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate ATA's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if ATA's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if ATA's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of ATA's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.8yrs

Average management tenure


CEO

Andrew Hider (44 yo)

4.58yrs

Tenure

CA$6,130,000

Compensation

Mr. Andrew P. Hider has been the Chief Executive Officer of ATS Automation Tooling Systems Inc. since March 6, 2017. Mr. Hider has been Vice President and General Manager of Anderson Instrument Co., Inc. s...


CEO Compensation Analysis

Compensation vs Market: Andrew's total compensation ($USD4.96M) is above average for companies of similar size in the Canadian market ($USD2.89M).

Compensation vs Earnings: Andrew's compensation has increased by more than 20% in the past year.


Leadership Team

Experienced Management: ATA's management team is considered experienced (3.8 years average tenure).


Board Members

Experienced Board: ATA's board of directors are considered experienced (3.6 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

ATS Automation Tooling Systems Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: ATS Automation Tooling Systems Inc.
  • Ticker: ATA
  • Exchange: TSX
  • Founded: 1978
  • Industry: Industrial Machinery
  • Sector: Capital Goods
  • Market Cap: CA$3.901b
  • Shares outstanding: 92.23m
  • Website: https://www.atsautomation.com

Number of Employees


Location

  • ATS Automation Tooling Systems Inc.
  • 730 Fountain Street North
  • Building #3
  • Cambridge
  • Ontario
  • N3H 4R7
  • Canada

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/15 23:24
End of Day Share Price2021/10/15 00:00
Earnings2021/06/27
Annual Earnings2021/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.